Invesco lowers fee on Physical Gold ETC
TER now 0.19% per annum
The product is designed to provide the performance of the gold price
Invesco has cut the fixed fee on its $7.6bn Physical Gold ETC to 0.19% per annum, as demand for gold continues to rise.
It said the reduced annual fee and a bid to offer spread of typically around two basis points meant the ETC now offered investors the lowest total cost exposure to the price of gold of any competing gold...
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